By  on May 17, 2017

MEXICO CITY — American Apparel is set to launch a new basics apparel line to be made in Honduras and Nicaragua, vice president of communications Garry Bell told WWD, adding it will be 25 percent cheaper than the restructuring the brand’s key Made in the USA collection.

Canadian activewear maker Gildan acquired American Apparel for $88 million in a bankruptcy court auction in January. Since then it has been working to squeeze value out of the beleaguered Los Angeles-based brand, which is set to contribute up to $75 million of Gildan’s $2.7 billion in estimated sales this year.

To continue reading this article...

To Read the Full Article

Tap into our Global Network

Of Industry Leaders and Designers

load comments
blog comments powered by Disqus